Kriti Nutrients Ltd posts net profit of Rs. 14.19 crores in Q3 FY24

Kriti Nutrients Ltd has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 168.2414 crores during the period ended December 31, 2023 as compared to Rs. 134.5857 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 14.1942 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 9.7545 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.83 for the period ended December 31, 2023 as compared to Rs. 1.95 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 168.2414 crs	₹134.5857 crs	25.01%
Net Profit	₹14.1942 crs	₹9.7545 crs	45.51%
EPS	₹2.83	₹1.95	45.13%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 168.2414 crores during the period ended December 31, 2023 as compared to Rs.222.6378 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.14.1942 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.7.7544 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.83 for the period ended December 31, 2023 as compared to Rs.1.55 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 168.2414 crs	₹222.6378 crs	-24.43%
Net Profit	₹14.1942 crs	₹7.7544 crs	83.05%
EPS	₹2.83	₹1.55	82.58%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.515.3679 crores during the 9 Months period ended December 31, 2023 as compared to Rs.619.5996 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.36.5327 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.15.1641 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.7.29 for the 9 Months period ended December 31, 2023 as compared to Rs.3.03 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹515.3679 crs	₹619.5996 crs	-16.82%
Net Profit	₹36.5327 crs	₹15.1641 crs	140.92%
EPS	₹7.29	₹3.03	140.59%

Shares of Kriti Nutrients Ltd was last trading in BSE at Rs. 116.90 as compared to the previous close of Rs. 115.37. The total number of shares traded during the day was 12562 in over 348 trades.

The stock hit an intraday high of Rs. 120.51 and intraday low of 116.05. The net turnover during the day was Rs. 1477071.00.

Source : Equity Bulls

Keywords

KritiNutrients Q3FY24 9MFY24 ResultUpdate